India sees record deal activity in Feb at $7.2 bn

India witnessed a record-breaking surge in deal activity in February, with 226 M&A and private equity deals totaling $7.2 billion — the highest monthly deal volume in the last three years, according to the Dealtracker report of Grant Thornton Bharat.

Meet India’s first private reinsurer

In Debasish Panda’s last board meeting as chairperson of the Insurance Regulatory and Development Authority of India (Irdai), the regulator approved the “R2” licence for Kamlesh Goyal and Prem Watsa-backed Value Attics Reinsurance, making it the first private-sector Indian reinsurer

Retail Investors Bear Brunt Of Market Crash

Retail investors have been the hardest hit in the recent market downturn, with stocks where they hold over 20% falling 45% from their 52-week highs. Retail investors have been hit hard amid the recent market fall, as their favourite bets

Forex kitty jumps sharpest in 2 yrs, rises to $653.96 bn

In the sharpest jump in over two years, the country’s foreign exchange reserves increased by $15.27 billion to $653.97 billion during the week ended March 7, the RBI has said. The overall reserves had dropped by $1.78 billion to $638.7

Why medical device makers are moving abroad

A large number of medical device-manufacturing units have been forced to move to Vietnam and Malaysia due to delays, inconsistent timelines, and a lack of transparency in licensing processes, according to the Parliamentary Standing Committee on Health and Family Welfare.

Starlink deal: What it actually means for Airtel, RIL

India’s biggest telecom players, Bharti Airtel and Reliance Industries-backed Jio Platforms, will soon bring billionaire Elon Musk-led SpaceX’s Starlink satellite services to India. Illustration: Dado Ruvic/Reuters According to analysts, the move could boost India’s tele density, especially in the rural

Banks to be on 2-day strike in March

The United Forum of Bank Unions (UFBU) on Thursday said its two-day nationwide strike on March 24 and 25 will be observed as scheduled since discussions with the Indian Banks’ Association (IBA) over key demands failed to yield any positive

India's Most Polluted Places

Syed Firdaus Ashraf lists India’s top polluted city. Source link

Private investments may drop below 11% of GDP: IndRa

After declining to a three-year low in FY24, the private sector investment is expected to fall further in the current financial year, India Ratings said in a research note. The investments in the private sector are likely to plummet to

India to be 3rd largest economy by 2028: Morgan Stanley

India will be the world’s third-largest economy by 2028 as it becomes the world’s most sought-after consumer market and gains share in global output, driven by macro stability influenced policy and better infrastructure, Morgan Stanley said. Photograph: ANI Photo From